Revolut Partners with Akahu for Open Banking Credit Decisions in New Zealand

Revolut partnered with Akahu, a New Zealand Open Banking data provider, on May 1, 2026, to automate credit card lending decisions using real-time financial data. The integration allows Revolut to pull applicant bank account data through Akahu's Open Banking connections for its New Zealand credit card product. Automated data flows replace manual income verification, reducing friction in the application process.

The partnership also improves underwriting accuracy by giving Revolut direct access to applicant financials at the point of decision. It represents a deployment of Open Banking infrastructure for embedded lending in New Zealand, extending the technology's use beyond payments into credit decisioning. The deal supports Revolut's expansion in the APAC region.

Financial terms were not disclosed.